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Summary: $10 billion "lost"? Foxconn's dream shattered in the United States, People's Daily: Reducing apple dependence
As the world's largest foundry, Foxconn's strength is also very strong; Since Gou Taiming took the production order of iPhones and other products from Apple in the United States, Foxconn's identity has changed a lot, with Apple's orders, Foxconn no longer has to worry about orders, but this also makes Foxconn become Apple's royal foundry, and its fate has long been tightly tied to Apple!
It is worth mentioning that although Foxconn has its own foundries in many provinces in Chinese mainland and relies on the Chinese market to make a lot of money, in recent years, in order to curry favor with Apple and the United States, Foxconn has been constantly moving factories out of China and transferring to markets such as the United States, India and Vietnam; After Apple said that it wanted to go to the Indian market to develop, Foxconn also chose to build a factory in India without hesitation!
You know, Foxconn has been expanding its overseas territory in recent years, and at the invitation of the United States, Gou Taiming even invested $10 billion to build a factory in the United States, wanting to establish the largest LCD screen production factory in the United States; In order to win Foxconn to build a factory in the United States, Lao Mei also promised to give a huge subsidy, but the construction of a factory in the United States at Foxconn was not smooth, not only did not get any subsidies, but also the factory was not completed, and now it is overgrown, it can be said that Foxconn has long dreamed of the United States!
After Apple said that it would go to the Indian market to develop, Foxconn ran non-stop to India to invest in building factories, it is reported that Foxconn has planned to invest $700 million to build a new factory in the United States and do foundries for Apple; Foxconn's blind fawning over Apple has not exchanged for too many benefits, after Huawei was suppressed in the mainland, Apple's CEO Cook understood the truth that eggs cannot be put in a basket, so he has been dispersing his foundries and orders, and intends to reduce Foxconn's orders, and many orders for iPhone14 PRO are handed over to Luxshare Precision, which also makes Foxconn's position as an exclusive OEM for Apple is not guaranteed!
Over the years, the reason why Foxconn went to the United States to build a factory and then to India is actually to curry favor with the United States and Apple, and to get more orders from them; It is clear that Foxconn has already "suffered" from severe apple dependence; And mainland OFILM was the same before, after becoming Apple's supplier, no longer have to worry about orders, but after being kicked out of the supply chain by Apple, OFILM's revenue directly fell sharply, and profits were unprecedented losses, which the mainland People's Daily also said very early: We should reduce Apple dependence!
It is also true that whether it is Foxconn, or countless Chinese enterprise supply chain enterprises, should carry out a diversified layout, and strive to get rid of "Apple dependence", otherwise it may be kicked out of the supply chain list by Apple at any time, thus being "fatal" hit, in terms of crisis awareness, Chinese companies are obviously much better than Foxconn; Foxconn blindly follows the pace of Apple, and will eventually lose the initiative in the field of foundry, and be led by Apple, I don't know what you think about this?